Bricks, Bolts & Argentinian Super Companies!

Playing FTSE

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► Episode Notes:

What does Steve D associate with Argentina? Find out on this week’s PlayingFTSE Show!

It’s Easter! But more importantly, it’s the end of Q1 and the new financial year is approaching – so there's lots for Steve and Steve to talk about on this week’s show!

This week, in consumption news, Steve D has been listening to the Wall Street Journal’s piece on Cava. Steve W has been finding out about the situation at Boeing from Wall Street Millennial.

Diploma is a stock that Steve W has been owned before and we have a viewer question on the stock. A recent acquisition has caused the share price to jump 10%.

There’s a lot to like about the business, but the stock comes with a heavy price tag. That’s different from the valuations at which it acquires businesses, though.

Forterra is a stock that both Steves do own and the company has released earnings this week. Steve W thought it was bad at first sight, but what does the show’s building expert think?

Net debt is up a lot, but the business is still paying a dividend. With brick dispatches down 30%, can things get any worse, or is this the start of a recovery?

It’s been a long time since 2020 and we haven’t talked about MercadoLibre much during that time. Steve W thinks the stock is due another look, though.

The stock is still where it was, but the underlying business has made good progress. So has the value equation shifted for investors?

Only on this week’s PlayingFTSE Podcast!

► What We Consumed This Week:

Wall St Milennial:

https://youtu.be/ETqNTNkbxrk?si=z-wshHriYWNfiNic

Wall St Journal:

https://www.youtube.com/watch?v=-9Mbls9xiAk

Patrick Boyle Millei:

https://www.youtube.com/watch?v=0SXC1qtDp-U

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► Timestamps:

0:00 Introduction & Portfolio Updates!

13:25 Consumption

22:14 Diploma

35:28 Forterra

53:29 MercadoLibre

► Show Notes:

What’s been going on in the financial world and why should anyone care? Find out as we dive into the latest news and try to figure out what any of it means. We talk about stocks, markets, politics, and loads of other things in a way that’s accessible, light-hearted and (we hope) entertaining. For the people who know nothing, by the people who know even less. Enjoy

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► Enquiries:

Please email - playingftsepodcast@gmail(dot)com